scholarly journals Out of the COVID-crisis Perspectives

2021 ◽  
pp. 79-86
Author(s):  
V.B. Kondratiev
Keyword(s):  
Supply Chains ◽  
Value Creation ◽  
Value Chain ◽  
Raw Materials ◽  
Mining Industry ◽  
Medium Term ◽  
Mining Companies ◽  
The Future ◽  
End To End ◽  
Investment Patterns

It is interesting to have a look at how the previous crisis periods can teach us to predict the outcomes of the COVID-19 pandemic on the mining industry and the prospects for recovery from the COVID crisis. The mining industry is known to be cyclical, which leads to volatility in the prices of raw materials and shares of mining companies, as well as a change in investment patterns. As the COVID-19 crisis affects the medium-term pricing outlook for many commodities and puts pressure on planned investments, mining companies have a unique opportunity and need to rethink their capital expansion strategies. The unprecedented coronavirus pandemic crisis is also forcing companies to consider transforming their supply chains in the future. Improving the efficiency of the end-to-end value chain from production to market can be a major source of value creation in perspectives.

Responsible production and consumption of mineral resources: mobilising geoethics as a framework for mining companies, manufacturers and other stakeholders

2021 ◽  
Author(s):  
Nic Bilham
Keyword(s):  
Value Chain ◽  
Raw Materials ◽  
Mineral Resources ◽  
White Paper ◽  
Ethical Challenges ◽  
Mining Sector ◽  
Mining Companies ◽  
Civil Society Organisations ◽  
Production And Consumption ◽  
Wide Range

<p>Geoethics is intended to provide a conceptual and practical framework for all human agents engaging with the ethical challenges that arise from their interaction with the Earth.  In recent years, it has chiefly focused on the professional roles of geoscientists and allied professionals.  Great progress has been made towards putting geoethics in its rightful place at the heart of all geoscience, elaborating and applying its principles across a wide variety of disciplines and sectors, and promoting its importance in geoscience education, training, research and professional practice.  Geoethical thinking has been developed and applied in the mining sector, through initiatives such as the IAPG White Paper on Responsible Mining, through multidisciplinary research on responsible and sustainable mining, and through responsible exploration, production and associated activities in mining companies. </p><p>Addressing the global challenges expressed in the UN Sustainable Development Goals will depend on a vast range of mined raw materials.  It is vital that we find, extract, manage and use these resources in a responsible way, minimising environmental and social harm, and sharing the benefits we derive from them equitably.  But achieving these objectives cannot depend on geoscientists and their colleagues in the mining sector alone.  It will also require the active engagement of manufacturers sourcing raw materials across complex mineral supply chains; investors and other value chain actors; and a wide range of other stakeholders including civil society organisations, policy-makers and citizens.</p><p>There is rapidly growing recognition among this wider set of actors of the need for a transition to more sustainable systems of production and consumption of raw materials, and of the roles they can play in delivering these alongside responsible mining companies.  This presentation will consider the suitability of geoethics, as currently framed and articulated, as a basis for engagement and action by this wider set of actors, in particular for manufacturers seeking to behave responsibly.  It will draw lessons from a recent project to help a multinational consumer-facing company to develop its responsible sourcing programme, and will suggest how the principles of geoethics can best be operationalised and communicated in such settings.</p>

scholarly journals Big data monetization throughout Big Data Value Chain: a comprehensive review

2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Abou Zakaria Faroukhi ◽  
Imane El Alaoui ◽  
Youssef Gahi ◽  
Aouatif Amine
Keyword(s):  
Big Data ◽  
Value Creation ◽  
Value Chain ◽  
Big Data Analytics ◽  
High Volume ◽  
Value Chains ◽  
Data Generation ◽  
Comprehensive Review ◽  
Data Value ◽  
End To End

AbstractValue Chain has been considered as a key model for managing efficiently value creation processes within organizations. However, with the digitization of the end-to-end processes which began to adopt data as a main source of value, traditional value chain models have become outdated. For this, researchers have developed new value chain models, called Data Value Chains, to carry out data driven organizations. Thereafter, new data value chains called Big Data Value chain have emerged with the emergence of Big Data in order to face new data-related challenges such as high volume, velocity, and variety. These Big Data Value Chains describe the data flow within organizations which rely on Big Data to extract valuable insights. It is a set of ordered steps using Big Data Analytics tools and mainly built for going from data generation to knowledge creation. The advances in Big Data and Big Data Value Chain, using clear processes for aggregation and exploitation of data, have given rise to what is called data monetization. Data monetization concept consists of using data from an organization to generate profit. It may be selling the data directly for cash, or relying on that data to create value indirectly. It is important to mention that the concept of monetizing data is not as new as it looks, but with the era of Big Data and Big Data Value Chain it is becoming attractive. The aim of this paper is to provide a comprehensive review of value creation, data value, and Big Data value chains with their different steps. This literature has led us to construct an end-to-end exhaustive BDVC that regroup most of the addressed phases. Furthermore, we present a possible evolution of that generic BDVC to support Big Data Monetization. For this, we discuss different approaches that enable data monetization throughout data value chains. Finally, we highlight the need to adopt specific data monetization models to suit big data specificities.

scholarly journals Leveraging the Internet of Things and Blockchain Technology in Supply Chain Management

2019 ◽  
Vol 11 (7) ◽  
pp. 161 ◽  
Author(s):  
Abderahman Rejeb ◽  
John G. Keogh ◽  
Horst Treiblmaier
Keyword(s):  
Internet Of Things ◽  
Supply Chains ◽  
Value Chain ◽  
Raw Materials ◽  
Future Research ◽  
The Internet ◽  
Blockchain Technology ◽  
Effectiveness And Efficiency ◽  
Research Propositions ◽  
The Internet Of Things

Modern supply chains have evolved into highly complex value networks and turned into a vital source of competitive advantage. However, it has become increasingly challenging to verify the source of raw materials and maintain visibility of products and merchandise while they are moving through the value chain network. The application of the Internet of Things (IoT) can help companies to observe, track, and monitor products, activities, and processes within their respective value chain networks. Other applications of IoT include product monitoring to optimize operations in warehousing‚ manufacturing, and transportation. In combination with IoT, Blockchain technology can enable a broad range of different application scenarios to enhance value chain transparency and to increase B2B trust. When combined, IoT and Blockchain technology have the potential to increase the effectiveness and efficiency of modern supply chains. The contribution of this paper is twofold. First, we illustrate how the deployment of Blockchain technology in combination with IoT infrastructure can streamline and benefit modern supply chains and enhance value chain networks. Second, we derive six research propositions outlining how Blockchain technology can impact key features of the IoT (i.e., scalability, security, immutability and auditing, information flows, traceability and interoperability, quality) and thus lay the foundation for future research projects.

scholarly journals The place and role of blockchain in the system of economic relations in the context of digitalization of production

2020 ◽  
Vol 1 (1) ◽  
pp. 189-195
Author(s):  
Ruslan Alekseevich DOLZHENKO ◽  
Keyword(s):  
Production Management ◽  
Raw Materials ◽  
Mining Industry ◽  
Current Level ◽  
Material Object ◽  
Review Of The Literature ◽  
Economic Relations ◽  
Mining Companies ◽  
The Relationship

The article is devoted to the study of promising places and role of technology of distributed registries (blockchain) in the system of economic relations, which allows you to consolidate information about transactions in a system of record chains distributed within a network of interacting entities. A review of the literature on this topic shows that the possibilities of its application are diverse, including in the production sphere, in the context of the digitalization of all processes. Blockchain can be the technology that will increase their transparency, have maximum awareness of each transaction, operation, material object about which the relationship occurs. Despite the peak of interest in technology in recent years, the possibilities of its use in the field of economic relations are limited by several factors highlighted in the work. The methodological basis of the work was the theory of distributed registers, as well as a system-subjective approach to the system of economic relations. To understand the possibilities of using blockchain in the mining industry, we analyzed the key blockchain platforms that are currently in use, highlighted their strengths and weaknesses, and reviewed the activities of large Russian mining companies that affect production management using distributed registries. The study showed that the opportunities laid down in the latest versions of the blockchain make it possible at the current level of development to use technology to digitalize production processes, starting from the stage of mining, ending with the use of raw materials for the manufacture of the product.

A Review of Constructivism in the African Leather Sector Value Chain: Mapping Institutional Orientation Towards Knowledgeability of Value Addition

2018 ◽  
Vol 4 (1) ◽  
pp. 1-12
Author(s):  
Mwinkione Mwinyihija ◽  
Mwinkione Mwinyihija
Keyword(s):  
Product Development ◽  
Value Creation ◽  
Value Chain ◽  
Value Addition ◽  
Threshold Concept ◽  
Transformational Process ◽  
Critical Theories ◽  
The Future ◽  
Skilled Workforce ◽  
Productivity And Competitiveness

The paper attempts to review how three critical theories; Stakeholder, constructivist and threshold concept assist in deciphering the challenges associated with knowledgeability in the realm of the leather sector development. The attention draws on the aspect of incomprehension or apperception as a new challenge that potentially impedes Africa’s struggle to transform from commodity dependence to leather product development. Interestingly, the study takes recognition of the importance of skilled workforce availability and relates this to the prospects of value creation. Therefore, the model envisages through its design that potentially, nurture the culture of innovation and subsequently positively impact on productivity and competitiveness in the leather sector. The main outcome of the study indicates that adaption at the Africa Leather and Leather Product Institute (ALLPI) on the theories mentioned played a fundamental role in the transformational process and sustainability of the leather sector. However, if the challenges identified are not curbed the sector will exhibit tensions, and if unchecked, could in the future erode progressive milestones considered core to the leather value chain development of the leather sector in Africa.

scholarly journals An analysis of briquette value chain at the Limsko forest area

2015 ◽  
pp. 111-120
Author(s):  
Nenad Rankovic ◽  
Dragan Nonic ◽  
Jelena Nedeljkovic ◽  
Aleksandar Music
Keyword(s):  
Value Creation ◽  
Value Chain ◽  
Business Processes ◽  
Raw Materials ◽  
Woody Biomass ◽  
Wood Products ◽  
Forest Area ◽  
Raw Material ◽  
Manufacturing Enterprise ◽  
Complex Processes

Value creation represents an increase in the value of assets in the manufacturing process. Business processes that lead to value creation can be presented as a value chain. For wood products, total value creation takes place in the complex processes of production and exchange between forestry and timber industry. The research on the use of biomass for energy purposes is increasing in recent decades. Within the research on value chain, in our country were, to less extent were represented those related to woody biomass products. In this sense, the aim of the research is to determine the organization of woody biomass products (briquettes) value chain and its analysis in the Limsko forest area. A ?door-to-door? survey was used as a research technique. Data collection was conducted in the period from April to May of 2013. In total, 19 representatives of enterprises, which are participants in the woody biomass products value chain in the Limsko forest area were surveyed. Manufacturing enterprise, located in Nova Varos, was analysed as the main participant in this chain. In addition, its suppliers (15), wholesaler (1), retailer (1), and consumer (1) were analysed. The manufacturing enterprise exclusively used raw material produced in sawmills. The results indicate that an increase in value occurs, primarily, during the transportation of raw materials from sawmill to the manufacturing enterprise. The next increase in value occurs during the storage of raw materials within the manufacturing enterprise and with the emergence of new stages in the production process, as well as during the transportation of products to the wholesaler, retailer and consumer.

The Imperatives of Beneficiation Law for Botswana’s Diamond Mining Industry and Its Implications for Foreign Investment Protection

2018 ◽  
Vol 33 (2) ◽  
Author(s):  
Femi Oluyeju ◽  
Kuda Tshiamo
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Value Chain ◽  
Positive Impact ◽  
Mining Industry ◽  
Investment Protection ◽  
Goods And Services ◽  
Advantages And Disadvantages ◽  
Diamond Mining ◽  
Backward And Forward Linkages

This article seeks to interrogate the advantages and disadvantages of beneficiation law for Botswana’s mining industry and its implications for foreign investment protection. Furthermore, it argues that the enactment of beneficiation law could stimulate economic growth and development in Botswana. On a proper analysis of the potential of beneficiation law it seems plain that it may facilitate the integration, of among others, the cutting and polishing segments through the backward and forward linkages in the entire diamond value chain to move Botswana diamond industry a step further as a new and emerging jewellery manufacturing and retail center in order to derive maximum returns from the rough diamond production. Quite clearly, cutting and polishing of diamonds in Botswana is bound to promote employment which in turn will promote demand for goods and services that would have a positive impact on economic growth in Botswana.  The paper concludes that on a balance, the opportunities accruable from the enactment of this law far outweigh the downsides and will not in any way scare investors away as some have perceived it.

PEMETAAN TEKNOLOGI INDUSTRI KELAPA SAWIT NASIONAL DAN KEBIJAKAN PENGEMBANGANNYA

2013 ◽  
Vol 13 (1) ◽  
Author(s):  
Subiyanto Subiyanto
Keyword(s):  
Palm Oil ◽  
Government Policy ◽  
Value Chain ◽  
Raw Materials ◽  
Value Added ◽  
Oil Industry ◽  
Missing Value ◽  
Technology Capability ◽  
The Government

Palm oil industry in Indonesia has been growing rapidly. But, unfortunately the growth is only effective on upstream industry with low value products, such that potential downstream value added are not explored proportionally. The government is therefore in the process of developing an appropriate policy to strengthen the national palm oil downstream industry. This paper proposes that an approriate policy for developing palm oil downstream industry could be derived from the maps of value chain and existing technology capability of the industry. The result recommends that government policy should emphasize on the supply of raw materials, infrastructure and utilities, as well as developing the missing value chain industry, especially ethoxylation and sulfonation.

Covid-19 and Mining industry

2020 ◽  
pp. 10-18 ◽  
Author(s):  
V.B. Kondratiev
Keyword(s):  
Mining Industry ◽  
Commodity Markets ◽  
Current Crisis ◽  
Mining Companies ◽  
The World ◽  
Commodity Demand ◽  
Long Term Impact

The COVID-19 pandemic has affected the commodity markets and mining industry around the world in different ways. Mining company’s operations have been hit by coronavirus outbreaks and government-mandated production stops. Demand for many commodities remains low. This paper examines the potential long-term impact of the COVID-19 pandemic on future commodity demand, mining prospects, as well as tactical and strategic steps by mining companies to overcome the current crisis quickly and effectively.

Australia—The Hidden Jewel

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Natural Resources ◽  
Value Chain ◽  
Global Economy ◽  
Good Governance ◽  
Developing Economies ◽  
Raw Materials ◽  
Manufacturing Sector ◽  
Developed Countries ◽  
The United States ◽  
Dutch Disease

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its place in the global economy by becoming more entrepreneurial and accelerating its rate of growth, or will it get infected with the so-called Dutch disease? It has been successful in managing trade ties with fast-developing economies like China and India as well as developed countries like the United States. It has participated in the growth of China by providing iron ore and coal. Because it is a low-risk country, it has enabled inflow of large foreign capital investments. A lot will depend on its capability and willingness to invest the capital available in entrepreneurial ventures, its ability to capture the full value chain of natural resources, and to export the finished products instead of raw materials, while building a robust manufacturing sector.

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